Top-tier Bitcoin traders are slightly reducing their exposure following the asset’s recent rally, according to new data from Alphractal.
The Top Trader Long/Short Ratio, which measures the positioning of the top 20% of traders by margin size, has dipped after reaching levels above 2.1.
This suggests that some of the most capitalized traders may be taking profits or temporarily reducing risk.
However, the long-term outlook remains firmly bullish. On daily timeframes, the ratio still sits near multi-month highs around 2.5, indicating that the majority of large traders are still favoring long positions. This split between short-term caution and longer-term conviction reflects healthy risk management in a trending market.
Short-term pause likely
The slight decline in the short-term ratio may point to temporary consolidation or a minor pullback. It often occurs when markets cool off after strong upward moves, offering a chance for recalibration before further upside.
Longs still dominate
Despite near-term adjustments, the long/short ratio remains elevated, reinforcing that top traders expect continued price appreciation. This level of commitment from “smart money” traders is often seen as a strong indicator of bullish sentiment.
Alphractal notes that monitoring this ratio is key to understanding broader market behavior. While some cooling may occur in the short run, the long-term bias remains clearly skewed toward the upside.
Kosta Gushterov
Reporter at Coindoo
Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/bitcoin-top-traders-trim-exposure-short-term-but-bullish-outlook-holds/